A Time Series Analysis Of The New Customers In Intercontinental Bank Plc, Library Avenue, Umuahia.

ABSTRACT

This work involves fitting time series model to the number of depositors at intercontinental bank Plc, 2 Library Avenue, Umuahia, Abia State. The period covered is 2005 — 2010. The modeling approach is Box and Jenkins as it was used to obtain the most adequate model and the parameters were estimated. The plot of autocorrelation function and partial autocorrelation function of the differenced data were used to identify a stationary model for the new customers which is ARIMA (2 11). Also, a diagnostic check was carried out, which showed that the model was adequate. Furthermore, forecast values for the period January, 2011 — December, 2011 was made. Finally, recommendations were made based on the result of the findings.